The household debt statistics show a consumer that is buried in debt and will likely begin to default on this debt – credit card, auto, personal, student loan and mortgage – at an accelerated rate this year.  The delinquency and charge-off statistics from credit card and auto finance companies are already confirming this supposition:

Venezuela and Yemen were both once very prosperous nations, but now parents are literally watching their children starve to death as the economies of both nations continue to utterly collapse.
Just like so many here in the United States, most of those living in Venezuela and Yemen would have called you completely crazy if you would have warned them that this was going to happen five years ago.  In particular, Venezuela has more proven oil reserves than almost anyone else on the planet, and so to most of their citizens it was unimaginable that things could ever get this bad. 
But it has happened, and the collapse that has already begun in parts of South America, Africa and the Middle East will soon spread elsewhere.

“This is the greatest sucker’s rally we have ever seen.”
If a former Reagan administration official is correct, we are likely to see the next major financial collapse by the end of 2017:

Everywhere you look there are echoes of 2008, and yet most people still seem to be in denial about what is happening.  The following are 11 facts that prove that the U.S. economy in 2017 is in far worse shape than it was in 2016…

Former White House Budget Director David Stockman is sounding the alarm: “The main thing is get out of the markets. These markets are unstable. They’re rigged, and there is no reason to own stock at this point of the game…The Fed has finally run out of dry powder. They are out of the bond buying business. They are even talking about the initiation of the shrinkage of their balance sheet.  The central banks are finally getting to the end of the road. There isn’t going to be any more money printing, and that is going to leave a giant mess on the doorstep of all the fiscal authorities. It’s going to make the bond market a particularly dangerous place. There is a $100 trillion global bond market, and this is the biggest bond bubble the world has ever seen.  Get out of the stock market. Get out of the bond market and buy some gold.”

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Is China Ready to Pull the Plug on the U.S. Dollar?  Alasdair MacLeod Sees China Selling Their U.S. Treasuries… for Gold.
The London Analyst Warns This Will Spell the END for the U.S. Dollar:

The march to war is deafening.
Now that we are seeing a plan long in action playing out, there’s a good chance that our time is up:

More than half of the world’s future silver production is at risk when base metals prices take a big hit during the next economic crash.
While there is no guarantee what the value of gold and silver will be in the future, LOGIC suggests investors holding onto most STOCKS, BONDS and REAL ESTATE will suffer the financial enema of their life. 
So, PLACE YA BETS and let’s see who made the better investment decision when the global market finally cracks.

Is Clif High’s Webbot Warning the 4th Bowl of God’s Wrath is Imminent?
Then the fourth angel poured out his bowl on the sun, and power was given to him to scorch men with fire.  And men were scorched with great heat, and they blasphemed the name of God who has power over these plagues; and they did not repent and give Him glory.

Analyst/trader Gregory Mannarino warns, “The Federal Reserve has re-inflated a housing bubble.  The Fed has deliberately created bubbles to save themselves.
We really could be on the edge of a major event that would force people into the debt market.
There could be huge amounts of cash coming out of the stock market because of all this fear. There could be massive amounts of cash going into suppressed assets like gold and silver. Housing could come under pressure. We could be staring at the next real Great Depression.”

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“When monetary systems fail, they take us to war.